If everything goes as planned, this week will be the busiest for initial public offerings since 2000.
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These stocks are in the sweet spot for continuing their winning ways into this year and beyond.
By Richard Moroney, Upside
Special to MoneyShow.com
Cascade (CASC): The leading maker of material handling equipment in North America, this company is highly leveraged to demand for forklifts. Its primary end markets include pulp and paper, grocery products, textiles, and consumer goods. Cascade has rallied 12% since announcing impressive October quarter results on Dec. 1.
Per-share earnings were $1.74, up from 79 cents and handily above the consensus of $1.20. Results reflect lower interest expense, a favorable tax rate, and improved gross profit margins. Total revenue increased 29% to $138 million and beat the consensus by $5 million. Sales have topped expectations in five of the last six quarters.
The payoff for CEO Reed Hastings' international push may take a long time.
For example, business leaders in the U.K. expect the country's economy to get worse in 2012, according to a poll released Monday. A recent Goldman Sachs survey forecast that the U.K.'s gross domestic product (GDP) will rise 0.7% this year, down from 0.9% in 2011.
The retailer sends mixed signals regarding the future of the e-reader.
What on earth is Barnes & Noble (BKS) doing pondering the spin-off of the division that makes its Nook e-readers and tablets? It’s hard to find a way to "spin" that news into anything resembling an upbeat signal for either Barnes & Noble or its stock.
William Lynch, the bookseller’s CEO, dropped the possibility of a spin-off into a discussion of the company’s prospects last week, even as he revealed that year-end results are likely to fall short of investors’ hopes and analysts’ forecasts.
Pipelines and processing plants put this MLP in the sweet spot as US gas production ramps up.
By Amy Calistri, The Daily Paycheck
Enterprise Products Partners LP (EPD), a Houston-based master limited partnership (MLP), operates over 50,000 miles of gas, crude oil, natural gas liquids (NGL) and petrochemical pipelines.
Travelers is upgraded to 'conviction buy' at Goldman, while Akamai is downgraded to 'sell' at Citigroup.
Monday's noteworthy upgrades include:
- Broadcom (BRCM) upgraded to Buy from Hold at Deutsche Bank
- Comcast (CMCSA) upgraded to Outperform from Neutral at Macquarie
- Hartford Financial (HIG) upgraded to Buy from Neutral at Goldman
- MetLife (MET) upgraded to Buy from Neutral at Goldman
- Travelers (TRV) upgraded to Conviction Buy from Buy at Goldman
- Akamai (AKAM) upgraded to Hold from Underperform at Jefferies
- J.C. Penney (JCP) upgraded to Hold from Sell at Deutsche Bank
The company's generics business is poised to grow after it recorded revenue of nearly $10 billion in 2010.
Biopharmaceutical includes primary care, specialty care, established products, emerging markets and oncology units that focus on treatment and prevention of cardiovascular and metabolic diseases, central nervous system disorders, arthritis and pain, respiratory diseases, urogenital conditions, cancer, eye disease and endocrine disorders, among others. Its diversified unit includes animal health, consumer health and nutritional products such as nutritional supplements and toddler formula products.
Booming foreign interest in domestic reserves creates big opportunity.
The U.S. and Canada are sitting on one of the biggest energy booms ever. An oil and gas production renaissance is under way, thanks to improved hydraulic fracturing and advances in drilling techniques. Though not without controversy, shale formations like the Marcellus, Utica and Eagle Ford have become hotbeds of North American drilling activity because these advances have made it possible to extract the plethora of fossil fuels trapped between the rocks.
With billions of dollars in revenue at stake, these regions have witnessed a land grab not seen since the California Gold Rush of the 1800s. While the usual suspects like Exxon (XOM) are staking their claims, North America's shale interests are getting plenty of attention from overseas sources as well.
Positive action on new drugs by FDA in 2011 bodes well for biopharmaceuticals in 2012, and Celgene can offer long-term growth.
"We see the FDA's modestly raised fiscal 2012 budget supporting continued improvement in the approval of new drugs on first review cycle," says Steven Silver, a biotech analyst at Standard & Poor's. The FDA's approval of new drugs in 2011 jumped 63% after an increase of about 50% in 2010, indicating a much-improved dedication by the FDA in supporting biotech and pharmaceutical companies in their quest for badly needed new drugs, Silver argues.
A recently launched oil and gas trust offers protected payouts and attractive yield.
By Elliott Gue, The Energy Strategist
Chesapeake Granite Wash Trust (CHKR), the newest addition to the universe of U.S. oil and gas trusts, went public on Nov. 11. It is also among the most promising and fastest-growing trusts in my coverage universe.
Diversified holdings in utilities, commodities and transportation sectors offer stable cash flow.
By Gordon Pape, The Canada Report
This will be a year of uncertainty. Since I am a conservative investor by nature, I am selecting a security with limited downside risk, stable assets and good cash flow.
The year has started off well, but some sectors and strategies have the potential to pay off even better in coming weeks.
By Tom Aspray, MoneyShow.com
The first week of the New Year has certainly been a good one for the stock market, as the S&P 500 finished the week up 1.3% and the Dow Industrials gained 1.1%. This was in contrast to the 3.4% gain in the Nasdaq-100.
There was little in the way of bad news from the eurozone (for a change), though yields on many of the euro bonds are still at dangerously high levels. Upcoming bond auctions in euro land will be watched closely.
Major oil producers saw output reduced because of the natural decline in production fields, asset sales and political issues.
Brent prices remained above the $100 per barrel mark for most of the year, driven by an improved economic outlook in the first half of the year and supply concerns in the second half. The year also saw the announcement that ConocoPhillips (COP) would divest its downstream business and focus on upstream exploration and production and unconventional resources such as shale.
Gold miner has production volume, growth projects and seasonal factors in its favor.
By Curtis Hesler, The Professional Timing Service
There was a study done in the 1970’s that revealed that gold stocks tended to bottom in the fourth quarter and rally strongly into the end of the first quarter of the next year. Thus, looking for seasonal bargains in the gold sector makes sense, especially now.
After enjoying months of cheaper fuel, Americans will soon experience more pain at the pump because of oil speculation and market manipulation.
There have been a lot of "funny" things happening in the market over the past two months. I chalk it up to a combination of end-of-year seasonality and a desire by the powers that be to keep the market together long enough to exit ahead of the fall. Something similar happened in 2008 before the most acute phase of the bear market got started.
Wall Street has apparently been using large-cap energy stocks Exxon Mobil (XOM) and Chevron (CVX) to hold the Dow Jones industrial Average aloft, ostensibly to keep retail investors placated so the heavy hitters can create the little upward flurries they need to exit their position. (This has to do with the fact the Dow is a price-weighted index that can be pushed around by the most expensive stocks.)
Pause a moment before you start building an investment strategy based on fourth-quarter reports.
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[BRIEFING.COM] The major averages are mixed at midday with the Nasdaq Composite (+0.3%) and Russell 2000 (+0.3%) holding modest gains, while the Dow Jones Industrial Average (-0.3%) and S&P 500 (-0.1%) underperform.
Equity indices opened the midweek session on a strong note after the advance GDP reading pointed to a 4.0% expansion during the second quarter. In addition, a batch of better than expected earnings also factored into the early strength.
Despite those two ... More
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